CHINA--REPUBLIC. Bank of Agriculture & Commerce. 1 Yuan, 1.12.1926.

Rare Bank of Agriculture and Commerce 1 Yuan CHINA--REPUBLIC. Bank of Agriculture & Commerce. 1 Yuan, 1.12.1926. P-A118a. S/M#N23-10. PMG Choice About Uncirculated 58. Shanghai. Rare issued note from Shanghai from the last of the four series of notes from this issuer. The SINGLE TOP POP note in the PMG census. PMG Comments "Minor Stains." The Bank of Agriculture and Commerce was the smallest of the 'Eight Commercial Banks'. Founded in August 1921 by the Department of Agriculture and Commerce of the Beiyang Government, its headquarters were based in Peking with branches in Tientsin, Shanghai and Hankow. It was eventually incorporated into the Central Bank of China in the late 1930s. Estimate: $3,000 - $4,000. 罕見農商銀行壹圓 民國十五年中國農商銀行壹圓。 上海地名。罕見之上海發行版，屬此發行機構四大系列中之最後一版。PMG評級紀錄中唯一冠軍分。PMG備註"輕微漬點"。農商銀行乃"八小行"中規模最小者。1921年8月由北洋政府農商部創立，總行設於北京，並於天津、上海及漢口設立分行。1930年代末最終併入中央銀行。

Estimate:£1,135.11

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